Asia met coal prices tick upward but threat of China steel production cuts cools sentiment

Prices for Asia-origin metallurgical coal showed small upticks on Thursday August 3 amid stable buying interest from China, India and Southeast Asia, industry sources have told Fastmarkets.

But more details from China about possible steel production cuts may soon have a cooling effect on the market, they added.

Key drivers
A major Australian miner was heard...


Paul Lim

Olivia Zhang

August 03, 2023

12:03 GMT

Shanghai, Singapore